Reported 9 days ago
Nvidia's stock surged by 7% on Tuesday, spearheading a recovery for the 'Magnificent Seven' tech companies following significant losses caused by the Trump administration's tariff announcements. Other tech giants like Meta, Tesla, Amazon, Microsoft, Google, and Apple also reported gains as investors reacted positively to potential trade negotiations. The tariffs, which will primarily impact companies reliant on global supply chains, have raised concerns in the sector, but Nvidia's AI servers from Mexico remain exempt, aiding its rebound.
Source: YAHOO